Funding you earn now, next payment 08:00 UTC+0.0210%/8h= +23.0% APRpaid last 24h +0.104%
Price spread now: Gate against Bybit−0.059%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$393as in the Funding arb table
Net, price: spread back to 7d avg − costs−$426as in the Price arb table
costs, in and out, $10k−$4254.247% of the position
Funding, last 7 days+0.317%+$32 on $10k
+Price spread, last 4 days (all we have)+0.025%+$3 · spread now −0.059%, 7d avg −0.047%
=The price spread sits at its 7-day average of −0.047%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BTRUSDT | 0.05057 | 0.0100 | pay 0.0050% / 4h | 2h 44m | $3.2M | $1.1M | 25x |
| Short | Gate BTR_USDT | 0.05054 | 0.0310 | get 0.0310% / 8h | 2h 44m | $733K | $288K | 20x |
Bybit BTRUSDT
Gate BTR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $44.1
- Price spread: −0.059% → −0.047%
- −$1.21
- Slippage, 4 orders
- −$398.73
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$381.84
- Costs to cover
- 4.247%
- Break-even
- 67.6 days
Slippage from Bybit: live order book, 3 min ago; Gate: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 3 min ago | 2.97 bp | 181.7 bp −$182 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 7.91 bp | 43.1 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
BTR on 8 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTRUSDTlong | +0.0100% | 4h | 0.05057 | long leg | $3.2M | $1.1M | 25x | |
| KuCoin BTRUSDTM | +0.0100% | 4h | 0.05048 | −0.178% | $1.4M | $183K | 10x | as long as short |
| HTX BTR-USDT | +0.0100% | 4h | 0.05066 | +0.178% | $11K | $314K | 10x | as long as short |
| Gate BTR_USDTshort | +0.0310% | 8h | 0.05054 | −0.059% | $733K | $288K | 20x | |
| Aster BTRUSDT | +0.0652% | 4h | 0.05057 | 0.000% | $90K | $10K | 5x | as long as short |
| BingX BTR-USDT | +0.0872% | 4h | 0.05059 | +0.040% | — | $6.6M | — | as long as short |
| MEXC BTR_USDT | +0.0898% | 4h | 0.05059 | +0.040% | $1.5M | $148K | 20x | as long as short |
| Binance BTRUSDT | +0.0899% | 4h | 0.05061 | +0.076% | $5.4M | $3.8M | 10x | as long as short |
KuCoin BTRUSDTM
HTX BTR-USDT
Aster BTRUSDT
BingX BTR-USDT
MEXC BTR_USDT
Binance BTRUSDT